Bay Area home prices are up by more than 50 percent since the end of the recession, helping make San Jose and San Francisco the nation's two most-recovered housing markets. Get this story and others of note in Pacific Union's weekly Real Estate Roundup.
Tag Archive: foreclosure
April 20, 2015 • Posted in Weekly Real Estate News Roundups
Recent news of interest to homebuyers, home sellers, and the home-curious includes a study that ranks San Francisco as one of the greenest U.S. cities. Also, a proposal to build a gondola between the Squaw Valley and Alpine Meadows resorts has received initial approval.
October 31, 2014 • Posted in Market Conditions
Just in time for Halloween comes news that zombie foreclosures are way down in California, but in other states, their numbers are increasing.
A pair of housing reports confirms that foreclosures and distressed-property sales have dropped dramatically in California, eliminating the "shadow inventory" that hovered over the housing recovery a year ago.
Two Bay Area regions rank among the top five leading the U.S. housing recovery, outperforming most of the nation in decreased foreclosure activity, growing median price, fewer underwater homes, and rising employment.
Recent news of interest to homebuyers, home sellers, and the home-curious includes a survey that shows many renters have delayed buying a home because of tight lending standards. Also, the rebounding housing industry and strong gains in the stock market have helped Americans recoup the household wealth they lost during the recent recession.
Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that short sales are down as owners see a chance at making a profit from their underwater homes. Also: Pending home sales decreased in the West, and a new report says home prices in the Bay Area surged 22.2 percent in one year.
Recent news of interest to homebuyers, home sellers, and the home-curious includes a forecast of 10 percent growth in home prices this year and 8 percent growth next year. Also, lenders are warming up to home equity loans again, and sales of new and existing homes posted solid gains in March.
Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that home sales were down in February across most of the Bay Area, although median sale prices showed no such decline. Also, California is no longer on a list of the top-10 states with high foreclosure rates.
Recent news of interest to homebuyers, home sellers, and the home-curious includes several reports dissecting the past year in real estate: Home sales were dramatically higher by several measures, and prices, too. Also, foreclosures in California fell 38 percent in 2012. Meanwhile, a look at 2011 predictions for the coming year in real estate shows that experts don't know everything.
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